TBO Holidays
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TBO Holidays - overview
Location
Dubai, -, United Arab Emirates
Primary Industry
Travel & Leisure
About
TBO Holidays, based in the UAE, is a B2B travel distribution platform connecting travel agents, hoteliers, and suppliers with a wide range of travel services and products. Founded as Tek Travels DMCC, TBO Holidays specializes in B2B travel distribution, facilitating services for travel agents worldwide. The company is headquartered in Dubai, United Arab Emirates. The timeline of the company does not indicate any significant pivots or changes in strategy since its inception.
TBO Holidays operates as a comprehensive B2B travel distribution platform that serves travel agents, hoteliers, suppliers, and wholesalers. The company offers an extensive range of products, including over 1 million global properties, low-cost and full-service airlines, sightseeing options, car rentals, local transfers, cruises, and customizable holiday packages. Their platform enhances operational efficiency by providing essential features such as ledgers, sales reports, and vouchers, streamlining transactions for users across various geographical markets including North America, Europe, Asia, and South America. TBO Holidays generates revenue through a structured B2B model that connects over 159,000 travel agencies with diverse travel-related products and services.
The transaction framework relies on partnerships with suppliers, encompassing hotels, airlines, and car rental companies, allowing agents to access competitive pricing and real-time availability for bookings. Clients typically use the platform for volume-based transactions, earning commission on bookings made, with revenue accrued from these transactions as agents fulfill customer travel needs. Various payment methods are integrated into the platform to cater to a global clientele, enhancing its transactional capabilities. TBO Holidays is focusing on expanding its product offerings and geographical reach.
The company plans to introduce new features aimed at improving user experience and operational efficiency, though specific release dates have not been disclosed. Targeted expansions into new markets include regions in Asia and South America by the end of 2024. Recent funding will be utilized to enhance the platform's technological infrastructure and support the expansion into these new markets.
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism, Hotels & Accommodations, Web Applications
Website
www.tboholidays.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
TBO Holidays - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | BookaBed AG | - |
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